UPDATE 1-Australia's Vocus ends takeover talks with KKR, Affinity

(Reuters) - Australian telecoms company Vocus Group Ltd (VOC.AX) said on Monday that takeover discussions with Kohlberg Kravis Roberts & Co (KKR.N) and Affinity Equity Partners had ended.

The private equity players had each lodged separate but matching A$2.2 billion ($1.74 billion) bids for Australia's fourth-biggest internet company, which had seen its share price slide in the wake of earnings downgrades.

Vocus said on Monday that after due diligence the two private equity firms advised the company they were unable to meet the board's terms.

"Accordingly, all discussions have now ceased," Vocus said in a statement.

TOKYO - Asian stocks wobbled on Wednesday but still marked a 10-year high, cheered by record highs on Wall Street, while shares of Apple Incs suppliers dipped following the release of the latest iPhone. MSCI's broadest index of Asia-Pacific shares outside Japan .
More »

TOKYO - Asian stocks wobbled on Wednesday but still marked a 10-year high, cheered by record highs on Wall Street, while shares of Apple Incs suppliers dipped following the release of the latest iPhone. MSCI's broadest index of Asia-Pacific shares outside Japan .
More »